UKOG gets help to farmout Loxley drilling project
UK Oil & Gas (UKOG) has appointed a company to help farmout up to half its interest in the Loxley gas project in Surrey.
UK Oil & Gas (UKOG) has appointed a company to help farmout up to half its interest in the Loxley gas project in Surrey.
The legal challenge against oil production and more drilling at Biscathorpe in the Lincolnshire Wolds will be go ahead in June.
Lower commodity prices hit Star Energy last year, the company revealed today in annual accounts.
Falling production at the Horse Hill well in Surrey cut revenue for UK Oil & Gas plc last year.
UKOG shares dropped more than a third today on news that the company had abandoned testing the Pinarova-1 well in Turkey. The company said it was “disappointed” that the well had not met its expectations.
The UK’s newest onshore oil production site has confirmed it is planning two new wells.
Star Energy and Union Jack Oil have reported falling profits in interim accounts published this week.
The would-be fracking company, Ineos, has been ordered to pay the costs of two campaigners who challenged its controversial injunctions.
The operator of the UK’s newest producing onshore oil site, is considering a gas prospect in North Yorkshire.
The final court in the UK is to make a landmark ruling in a case about the climate impacts of onshore oil and gas extraction.